Jasmy and Bitcoin have been moving sideways for a few days now, and any bad news can cause a drop. The worst part is that bitcoin is close to support so if it drops a little to much, I am expecting a massive selloff, which would take Jasmy even lower. Here are some things to look out for this week.
- Hurricane Ian: could make landfall causing significant damage adding to more fear.
- Third estimate of Q2 GDP report, Thursday. If this is lower than the last two or still in the negative, then by rule of thumb, we are considered in a state of recession.
- I will buy some more on Friday, which knowing my luck it will drop.
If you have any other events we should know, please post down bellow.
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